2018 Most Valuable NFL Teams List Unveiled By Forbes

Despite not having reached the Super Bowl in 20 years, the Dallas Cowboys were ranked the most valuable NFL franchise for the 12th-straight year, according to Forbes’ 2018 list.

Worth an estimated $5 billion, the Cowboys are the first sports organization in the world to be valued at more than $5 billion. The Cowboys are also the world’s most-valuable franchise for the third-straight year.

Joining Dallas in the top 5 are the New England Patriots ($3.8 billion), New York Giants ($3.3 billion), Los Angeles Rams ($3.2 billion) and Washington Redskins ($3.1 billion).

The Arizona Cardinals came in at No. 23 on the list with a valuation of $2.15 billion, with both figures matching the 2017 numbers.

Forbes also stated that the Cardinals have revenue of $380 million and an operating income of $74 million.

At $1.6 billion, the Buffalo Bills were ranked last at No. 32 on the list of NFL organizations.